Tag: financial planning

Deciding between whole life vs term life insurance should rationally be driven by the numbers, especially the “buy term invest the difference” calculation below to illustrate the difference between the two types of life insurance. As much as insurance companies advertise a warm image of caring families, and while a good life insurance agent naturally […]

More than almost anything else, I believe the financial services industry needs greater price literacy and price transparency. In almost any other business, customers are used to looking at and comparing the prices of the goods they buy from a store or website and the services they buy from a tax preparer or hairdresser, but […]

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Even in the many years before I decided to start competing in the space of financial advisors, I noticed a paradox among financial advisors: A. There were both enormous differences between what different people calling themselves “financial advisors” actually do, yet B. Financial advisors have a hard time differentiating themselves from their competition As a […]

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As a financial planner, I was trained to assume a client will live to age 100 in order to be at least 95% confident that the client would not outlive their savings. By what are your odds of living to age 100? According to the US Social Security Administration (first link below), a male born […]